+80% CAGR growth to be Achieved by Blockchain Market during forecast period by Top Players like IBM (US), AWS (US), Microsoft, SAP, Intel, Oracle, Bitfury, Cegeka, Earthport, Guardtime, Digital Asset Holdings, Chain, Huawei, BlockCypher

In basic terms Blockchain is, a secure and encrypted digital database shared by all parties in a distributed network. Any transaction that happen in the network is recorded, verified and stored in a database and visible to all participants, creating an non alterable transaction log. This generally results in a golden source of truth that everyone can easily trust.

That’s mainly one of the reasons why it’s known as the ‘technology of trust. The structure bestows special properties on a blockchain, including greater clearness and security, because transaction activity can be traced, fully verified and audited.

Key companies profiled in this reports: IBM (US), AWS (US), Microsoft (US), SAP (Germany), Intel (US), Oracle (US), Bitfury (US), RecordsKeeper (Gibratar), Cegeka (Netherlands), Earthport (UK), Auxesis Group (India), Guardtime (Estonia), Digital Asset Holdings (US), Chain (US), Huawei (China), BlockCypher (US), Symbiont (US), BigchainDB ( Germany), Applied Blockchain (UK), Blockpoint (US), BTL Group (Canada), Blockchain Foundry (Singapore), AlphaPoint (US), and Factom (US).

The Blockchain market has been estimated to register a CAGR of +80% during the forecast period.

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Distributed ledger technology is a form of Blockchain. In a distributed database, multiple copies of data across a network rather than a single centralized server . Because command of the database can be distributed across the entire network rather than a centralizing the authority, participants can easily access the same version of the data in near real-time.
The decentralized management of a database permit for faster, less costly processing of transactions, which can lead to enhance in efficiencies and cost savings for an organization.

Various factors are responsible for the market’s growth, which are studied at depth in the report. The report lists down the restraints that are posing threat to the global Blockchain market. It also gauges the bargaining power of buyers and suppliers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The latest guidelines of government is also analyzed in detail in the report. It studies the Blockchain market’s trajectory between forecast periods.

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Geographies covered covered in this report are
• North America,
• Europe,
• APAC,
• MEA, and
• Latin America

Key questions answered in the report include:
• What will the Blockchain market size and the growth rate be in 2026?
• What are the key factors driving the global Blockchain market?
• What are the key market trends impacting the growth of the global Blockchain market?
• What are the challenges to market growth?
• Who are the main vendors in the global Blockchain market?
• What are the market opportunities and threats faced by the vendors in the global Blockchain market?
• Trending factors influencing the Blockchain market shares of the Americas, APAC, Europe, and MEA.
• What are the key outcomes of the five forces analysis of the global Blockchain market?

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